Peru Federal Savings Bank

Peru Federal Savings Bank Our mission is to meet the financial needs of each individual by providing exceptional customer serv

Mission Statement:
To meet the financial needs of each individual, to grow from exceptional customer service focused on relationships and personalized attention, and to be the community bank that continues to serve generations in the Illinois Valley. Peru Federal Savings Bank, founded in 1887 as the Workmen’s Loan Association, has a longstanding commitment to offering personal service, quality fi

nancial products and proven advice with the highest level of honesty and integrity. Serving and striving to be an active force in the community is an integral part of who we are and what we stand for. Relationships with local organizations and community members are the foundation on which we work and grow. As a community bank, we are a safe, secure and stable financial institution focused on what is best for our customers and communities. Peru Federal Savings Bank’s deposits are insured by the FDIC and we are an Equal Housing Lender.

06/03/2026

If homeownership is on your radar, your credit score matters.

Rob is breaking down three practical ways to help build your credit and prepare for the mortgage process. Small habits today can make a big impact tomorrow.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

06/02/2026

June is National Homeownership Month, a time to celebrate the dream of homeownership and the many families who have made that dream a reality.

Whether you’re purchasing your first home, upgrading to fit your growing needs, or simply exploring your options, understanding the mortgage process is an important first step. At Peru Fed, our Mortgage Center is here to help guide you through the process with local lending support and personalized service.

If homeownership is part of your goals, we’re here to help you take the next step.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

06/01/2026

5-Star Peru Federal Savings Bank
Recognized as one of the Nation’s Strongest Banks

Peru, Illinois - June 2026: Peru Federal Savings Bank, Peru, Illinois has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Bank Rating Firm, BauerFinancial, Inc. Earning and maintaining this 5-Star rating indicates that Peru Federal Savings Bank excels in such areas as capital adequacy, profitability, asset quality and much more. This is no coincidence. In fact, this is the 68th consecutive quarter that Peru Federal Savings Bank has earned this top rating, earning Peru Federal Savings Bank an even higher designation as an “Exceptional Performance Bank”. This distinction is reserved solely for institutions that have earned Bauer’s 5-Star rating consistently for 40 consecutive quarters (10 years), or longer.
“This is indeed reflective of Peru Federal Savings Bank’s dedication and commitment, not only to its customers, but to the entire community it serves”, reflects Karen Dorway, president of BauerFinancial. “Community banks, like Peru Federal Savings Bank, have consistently been on the front lines doing what is best to help their neighbors and friends. This special type of devotion is a hallmark of a true community bank, like Peru Federal Savings Bank.”
Established in 1887, Peru Federal Savings Bank has been a trusted ally of the communities it serves for 139 years. Rest assured, 5-Star rated Peru Federal Savings Bank’s personnel are eager to serve, whether in the branch, by phone or online at perufederalsavings.com.

Thinking about tapping into your home’s equity? Here’s a quick breakdown 👇🏠 Home Equity LoanReceive a one-time lump sum ...
06/01/2026

Thinking about tapping into your home’s equity? Here’s a quick breakdown 👇

🏠 Home Equity Loan
Receive a one-time lump sum with fixed payments and a predictable interest rate.

🏠 HELOC (Home Equity Line of Credit)
Access funds as needed during the draw period, offering flexibility for ongoing projects or changing expenses.

Homeowners often explore these options for renovations, debt consolidation, tuition, emergency expenses, or other major financial goals.

The right fit depends on your plans, timeline, and comfort level. Our team is here to help you understand the differences and explore what makes the most sense for you. Stop by or give us a call to learn more.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

Celebrating 19 years with Kathy… where would we be without you? Your dedication, heart, and the way you show up for both...
05/30/2026

Celebrating 19 years with Kathy… where would we be without you? Your dedication, heart, and the way you show up for both our team and our customers does not go unnoticed. Kathy, thank you for everything you’ve poured into Peru Fed over the years 🎉

Now for the rest of you… you know what to do 👇

PeruFederalSavings.com - Member FDIC

05/29/2026

For nearly 140 years, Peru Fed has been here for life’s milestones, big decisions, and next chapters.

Whether you're opening your first account, buying a home, growing a business, or planning for the future, our team is proud to be part of the journey.

Your next chapter starts with Peru Federal.

PeruFederalSavings.com - Member FDIC - Equal Housing Lender

05/27/2026

Your team at Peru Fed is ready for opening day ⚾️

As the Illinois Valley Pistol Shrimp take the field tonight for their highly anticipated home opener at Schweickert Stadium in Peru, we’re stepping up to the plate too, showing off the all-star lineup behind Peru Federal.

First pitch is tonight at 6:35 PM — see you at the ballpark!

PeruFederalSavings.com - Member FDIC

Celebrating Paola’s 1-year anniversary with Peru Federal! We’re so glad you’re part of the team and can’t wait for what’...
05/27/2026

Celebrating Paola’s 1-year anniversary with Peru Federal! We’re so glad you’re part of the team and can’t wait for what’s ahead 🎉

PeruFederalSavings.com - Member FDIC

05/26/2026

At Peru Fed, we believe banking should feel more like being on the home team ⚾️

, we can’t wait to cheer you on this week!

PeruFederalSavings.com - Member FDIC

05/24/2026

In observance of Memorial Day, Peru Federal will be closed on Monday, May 25th.

As we head into Memorial Day weekend, we remember and honor the courageous service members who gave their lives for our country. Their sacrifice will always be remembered with gratitude.

Normal business hours will resume on Tuesday, May 26th.

PeruFederalSavings.com - Member FDIC

Address

1730 4th Street
Peru, IL
61354

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm
Saturday 8:30am - 12pm

Alerts

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